Shearman in top gear on GM's Hummer sell-off
Shearman & Sterling has won a lead role on the acquisition of General Motors' Hummer brand by a Chinese industrial manufacturer. Shearman advised China's Sichuan Tengzhong Heavy Industrial Machinery (Tengzhong) on its purchase, in a deal reportedly worth up to $250m (£151m).
June 03, 2009 at 09:18 AM
2 minute read
Shearman & Sterling has won a lead role on the acquisition of General Motors' Hummer brand by a Chinese industrial manufacturer.
Shearman advised China's Sichuan Tengzhong Heavy Industrial Machinery (Tengzhong) on its purchase, in a deal reportedly worth up to $250m (£151m).
The US firm fielded a large team from China, the US and Brussels, with Hong Kong M&A partner Paul Strecker and Beijing M&A partner Lee Edwards leading.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3'That's Disappointing': Only 11% of MDL Appointments Went to Attorneys of Color in 2023
- 4What We Know About the Kentucky Judge Killed in His Chambers
- 5'I'm Staying Everything': Texas Bankruptcy Judge Halts Talc Trials Against J&J
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
